BG formally withdraws its US$13Bln bid for Origin

Tuesday, 09 September 2008

BG Group, a leading LNG industry player, formally withdrew its US$13 billion hostile takeover bid for Origin Energy of Australia after Origin signed a US$8Bln white-knight deal with ConocoPhillips for a coal seam-gas-to-LNG project.

Subscriber content

This content is available only to subscribers
please log in below or subscribe now / request a free trial